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101
Feb 16, 2013
02/13
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MSNBCW
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ceiling but for every dollar we raise that debt ceiling, we'll lower spending by a dollar. so i am in favor of keeping that agreement. >> but keeping that agreement, if the sequester goes into effect, according to the cbo, it says it will cut u.s. growth in half. it will cost at least 1 million jobs and jobs by extension, consumers, which drive the economy. don't you agree that losing 1 million jobs will be disastrous to the recovery? >> if you turn just to the cbo, the stimulus of three years ago would have solved all of our problems and we would not have had all the difficulties we have today. would have led to tremendous gdp growth. neither does the cbo ever report or take into consideration the impact the huge debt has on the growth of our gdp and job creation. we can have a philosophical fight about whether or not you can cut your way to prosperity as the president says or spend your way to disaster, as i contend. but that's not the issue here. the issue here is that we agreed 18 months ago for a dollar's worth of spending reductions for every worth of dollar increase.
ceiling but for every dollar we raise that debt ceiling, we'll lower spending by a dollar. so i am in favor of keeping that agreement. >> but keeping that agreement, if the sequester goes into effect, according to the cbo, it says it will cut u.s. growth in half. it will cost at least 1 million jobs and jobs by extension, consumers, which drive the economy. don't you agree that losing 1 million jobs will be disastrous to the recovery? >> if you turn just to the cbo, the stimulus of...
253
253
Feb 23, 2013
02/13
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FOXNEWSW
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ceiling. >> july, 2011 with budget and debt ceiling negotiations stalled, leaders from both parties tried to force a compromise and now bob woodward spoke, the price of politics details a white house idea to guarantee that their plan would lead to results down the road. at 2:30 p.m., jack lew and rob nabors went to meet with the chief. and we had an idea for a trigger, lew said. what's the idea, reid said skeptically. sequestration, it was a bomb no one wanted to drop and an action forcing event. >> we're going to be able to come to some agreement with the white house and end this impasse. >> we're been willing to say that there could be a sequestration as long as it included some revenue. >> and the automatic cuts would slash defense and domestic spending, both sides claim victory. >> 98% of what i wanted. i'm pretty happy. >> and leaders of both parties in both chambers have reached an agreement. it establishes a bipartisan committee of congress to report back by november. tough cuts that both parties would find objectionable would automatically go into effect if we don't have. >>
ceiling. >> july, 2011 with budget and debt ceiling negotiations stalled, leaders from both parties tried to force a compromise and now bob woodward spoke, the price of politics details a white house idea to guarantee that their plan would lead to results down the road. at 2:30 p.m., jack lew and rob nabors went to meet with the chief. and we had an idea for a trigger, lew said. what's the idea, reid said skeptically. sequestration, it was a bomb no one wanted to drop and an action...
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97
Feb 22, 2013
02/13
by
FBC
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remember this threaduring the debt ceiling debate back in the summer of 2011? i cannot guarantee that those checks go out on august 3rd if we have not resolve this issue because there may simply not be the money in the coffers to do it. this is not just a matter of social security checks, veterans' check folks on disability and their checks. about 70 million checks that go out. lou: more recently in the linda congressional session in the fiscal. >> debate, president obama issued his threat. >> what has been holding us back is the dysfunction here in washington. and if people start seeing that on january 1st this problem still has not been solved. if they save that people's taxes have gone up, which means consumer spending is going to be depressed, then obviously that will have an adverse reaction on the markets. lou: and, of course, that is exactly what has transpired as we now approach the onset of sequestered. took a long time, but president obama today finally reach out to the republican leaders to talk sequester, talking by phone with the speaker and senate
remember this threaduring the debt ceiling debate back in the summer of 2011? i cannot guarantee that those checks go out on august 3rd if we have not resolve this issue because there may simply not be the money in the coffers to do it. this is not just a matter of social security checks, veterans' check folks on disability and their checks. about 70 million checks that go out. lou: more recently in the linda congressional session in the fiscal. >> debate, president obama issued his...
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139
Feb 20, 2013
02/13
by
CURRENT
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eye 139
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remember this was all about the debt ceiling. how do we avoid going over the fiscal cliff with the debt ceiling last summer. and they were log jammed. and they said we need something to really make this happen. and at a meeting at the white house somebody said years ago they had a thing called the sequester, where these horrible horrible, horrible cuts were put in there that would happen if congress didn't act. and everybody said okay. let's do that again. then it came up to the congress and the republicans in congress 174 of them voted for this. john boehner paul ryan eric cantor all voted for it. and when it was over john boehner said i love this. i got 98% of what i want. these cuts which are so bad that everybody thought never, never, never would congress go along with it. you know why the republicans want to go along with it? because they don't give a damn. they don't care if the government is whacked across the board. first responders and air traffic controllers and pell grants and all of that other stuff cut. they don't ca
remember this was all about the debt ceiling. how do we avoid going over the fiscal cliff with the debt ceiling last summer. and they were log jammed. and they said we need something to really make this happen. and at a meeting at the white house somebody said years ago they had a thing called the sequester, where these horrible horrible, horrible cuts were put in there that would happen if congress didn't act. and everybody said okay. let's do that again. then it came up to the congress and...